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The Right Cape Coral Real Estate Agent Makes a Difference.

The Right Real Estate Agent Makes a Difference

Whether you’ve lived in the same place all your life or moved multiple times, finding the right real estate agent for you can be challenging.

 Aside from the regular duties of selling your home and helping you find another, you need an agent who knows the loops, stands by honesty, and is aware of not only your needs but also your dreams for a property. Your realtor can be the key to a successful property purchase or sale.

Here’s what characterizes an exceptional real estate agent, and why Rebecca Silva is an expert in this field:

Choose Someone Who Subtracts the Science

Because of all the details associated with property buying and selling, you need a representative who knows the loops and takes the confusing science out of the process. If you are not accustomed to real estate, you need a person who already knows the business details of realty and can clearly explain what you need to know.

For example, your agent will probably be able to help direct you based on their knowledge of the first rule of real estate: location, location, location. If basic principles like this are not in their skill set, you may end up transplanting your young family into a beautiful house … that’s 70 miles from your kids’ school or where you work.

When the fog of buying and selling threatens to close in with daunting paperwork, complicated terms, or too many options, just take a breath of fresh air and let your specialist provide ease and clarity.

An expert agent will subtract the science of making buying or selling property seem effortless.

Someone Who has a Short Nose

As a child, you have probably seen the Disney movie Pinocchio. Everytime Pinocchio told a lie, his nose grew longer until it almost crippled his movement. Unlike Pinocchio, you need a realtor who has integrity, honesty, and a reputation for ethical business practices.

As a client, it can sometimes be hard to interpret lengthy paperwork or predict the next processes in a sale, but if you select an agent you can trust, there is no need to fret about whether or not you are taking the best route of action.  

More than worrying about their pocketbook, a realtor should give honest advice, deal fairly with each party involved, and even be transparent with you when they have messed up. If you find a realtor with these characteristics, STOP! You have found an expert agent with a figuratively short nose.

Someone Who Knows You

While qualities of knowledge and ethics are important, a real estate agent that knows you can be very valuable, sometimes meaning the difference between your dream home and one that just provides the basics. Since the process of finding a property involves many diverse desires, your agent should be on the lookout for properties that reflect those dreams. As a good agent gets to know you, he or she will tune in to your dreams and ask questions figure out what specifics you’re looking for in a property.

Realtors should also know what kind of community you need, whether it is a safe place for your family, a peaceful location for retirement, a close distance to entertainment and attractions, or a potentially profitable property to start a business.

In addition to the community, the property itself should be on the forefront of your realtor’s thoughts as they link your desires to the options they have available. Will you need a fence for a pet or the protection of your children? Does the building have enough rooms and bathrooms for what you will use? Or maybe you need a mother-in-law’s quarters? These details should factor in.

Someone Who is Here

Now that you know who the best real estate agent is, let me suggest Rebecca Silva as your go to in the realty world. She meets all of the characteristics of an expert realtor. With a masters in business and almost 10 years of experience living in the community, Rebecca Silva easily navigates the difficult details of buying and selling so that you can be confident in your property decisions. What a relief!

Keep It Together- Contact Rebecca Silva Realtor

In addition to knowing the ins and outs of realty, Rebecca Silva has a reputation of helping people find their dream homes. She not only takes the time to listen to their concerns, but is passionate about serving her clients even if that means more work for her.

“With Becky’s assistance,” one happy couple explained, “we found the home of our dreams and we cannot thank her enough!”

Rebecca Silva is an expert realtor ready to help.

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Attractions, Property and your Expert Cape Coral Realtor

Attractions, Property and your expert Cape Coral Realtor.

While Cape Coral and Fort Myers are known for the estates of Henry Ford and Thomas Edison and the breath-taking views of the Gulf of Mexico, what baffles many when entertaining the thought of buying or selling property in these towns is how to navigate through realty details.

Questions like, “Should I look for a home on the coast?” or “What part of town is best for retirees?” are some a buyer might wrestle with. On the other hand, those with real estate to sell might have other questions like “What can I do to close a sale on time?” and “What are the dynamics that the community is looking for in a property?” With an expert realtor, you will easily be able to answer these and other questions about property in the Cape Coral and Fort Myers area.

Thankfully, Rebecca Silva is that expert in Cape Coral as well as in Fort Myers. She is the go-to real estate agent with an honest approach, a mature knowledge of realty, and the answers to help you make the best sale or purchase in the Southwest region of Florida.

Why Move To Cape Coral Florida?

Numerous retirees, singles, families, and businesses alike have chosen Cape Coral and Fort Myers to be their home because of the many attractions these cities offer. The dramatic population growth over the last few years has spurred expansion of all kinds. New and old shops, entertainment, and restaurants are being made available as popular places for residents to spend their time.

For example, one of the most visited shopping attractions in the area, the aesthetically stunning retail complex Coconut Point offers over 140 shops, 25 restaurants, and a theatre.

If shopping isn’t your thing, maybe you would enjoy observing history and art through the multiple museums and galleries residing in these towns. Rich history can be found. At one point in time, the Calusa Indians also called Southwest Florida their home.

But don’t forget about the outdoors! If you love being out in nature, Cape Coral or Fort Myers should be on your list of prospective homes. There are at least three nature parks for people to get their “outdoors” on with biking, camping, hiking, or even horse riding activities.

Undoubtedly, Cape Coral and Fort Myers, Florida are attractive communities for anyone looking to buy or sell real estate.

Things to Consider Before Listing

Cape Coral and Fort Myers are booming! The growing, growing demand for additional residences in this area is met by current property sales as well as all types of new construction.

You name it; it’s here. Amazingly, Cape Coral and Fort Myers have properties to meet your dream vacation, your retirement hopes, and your unspoken desired amenities. Options including luxurious mansions, open land plots, new construction homes, canal access places, duplexes, townhomes, beachfront properties, and numerous condos possibilities are endless. Big or small, Cape Coral and Fort Myers are an all-inclusive real estate community.

Who is Rebecca Silvas Realtor?

While all this information is great, what now? How can you weed through all the details these cities have to offer and find the place you need? Who can help? You need a realtor who can skillfully walk you through the process of sales and purchasing, and Rebecca Silvas is just that. She is an honest, experienced, and professional realtor who can help meet your purchasing or selling needs for the area.

After living in the area for almost ten years, Rebecca Silva has learned the ins and outs of the population and can easily articulate benefits, even quirks, of the Cape Coral and Fort Myers areas. In addition to her experience, Ms. Silva has earned a Masters in Business, bachelors in hospitality, and realty license. She delivers professional knowledge to her realty clients. Lastly, the character of this expert realtor is made evident through numerous testimonials of her honest dealings. She has a “passion for being of service for others.”

With this combination of experience, education, and personal honesty, Rebecca Silva skillfully walked sellers and buyers through the details of property selling and buying.

Take action!

So, whether you are planting roots, looking for a business opportunity, or have some other type of property needed for the Cape Coral or Fort Myers area, don’t worry about the messy details. Rebecca Silvas is just a call or email away. Contact her today!

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Selling a House In South West Florida: Obstacles or Opportunity?

Repairs needed, buyer’s market, minimal sales knowledge, very few amenities–these are just a few of the challenges sellers may face as they work through the ins and outs of selling a house.

But what if I told you that sales obstacles could be transformed into an opportunity? Finding an opportunity is more natural than washing the dishes or changing a light bulb. The key is simple: look at obstacles as opportunities.

In general, there are three major types of opportunities that factor in selling a home.

  1. The first has to do with location dynamics.

  2. The second opportunity is about your home itself,.

  3. The third concerns you.

 

By viewing obstacles as opportunities, you will find new success in all three of these areas and solve the mystery of how to sell a home amongst a sea of difficulties.

The Location of Your Property

While individuals new in the world of home sales might be inclined to focus selling points on the physical features of a house like a granite countertop or a new roof, the first law of real estate points them instead in a different direction: location. Location plays a significant role in real estate sales.

The location of your property will determine what type of economic market your house is in and what kind of obstacles you may face. While there usually are very few obstacles in a seller’s market, for example, there are many in a buyer’s. If your property is in this type of market – one, where there is a surplus in property listings. You may not be able to sell quite as easily as you would have in the seller’s market.

But don’t get discouraged. This is a prime chance to transform your roadblock of marketing location into a confident sale. Target a specific niche. Because buyers come in all walks of life, they will be looking for a particular home to meet their needs. First, figure out what type of person would be looking for your unique home, then market it to them specifically. You have just turned an obstacle into an opportunity! Good work home seller!

Another type of location obstacle can be the area around your home and what it has to offer. Is your listing a short distance to the grocery store? Does it present the purchaser with a short drive to work or school? How far is it from loved ones? These all factor into the location of your house for sale.

While you are unable to control some of the details a buyer may desire, you are able to reveal location opportunities that your property region offers. Maybe your property is across the street from a park. Maybe it is in the quiet, retirement community your buyer was looking for. Or maybe it is close to a major highway on which an owner could quickly access work, school, or shopping. Simply identify and accentuate current opportunities and alternatives to obstacles.

Now that you know the first rule of realty–location, location, location–you can become aware of your market type and the advantages your property’s location has to offer buyers. With a keen understanding, you will be able to catch an individual’s eye by presenting them with opportunities instead of obstacles.

The House- Is it Really Ready To List for Sale?

But what about the house itself? Granted, it may seem basic; many sellers misunderstand their property’s potential by worrying about physical property obstacles.

One obstacle that homes almost always have needs for repair. Whether it’s filling in a single nail hole or replacing a foundation, properties are in continual disrepair, and buyers will be conscious of these conditions as they decide yea or nay to your listing.

Here again, the idea is to change that obstacle into an opportunity. To do this, first do a cost-effect analysis. Will your property bring a better sale if you fix its broken parts, or would it end up adding more to the property cost than a buyer would be willing to pay?

A good rule of thumb is to have your house inspected before deciding how much time and money to invest in it. Your inspector should let you know what repairs are required by law and which are advised, as well as provide you with a compiled list of repairs needed. From there, you will be able to determine which repairs are necessary and which are less cost effective.

Other characteristics like home or property size, functionality, and amenities are also important to most home buyers. Simply focus on what your house has to offer while also accentuating alternatives for what it does not have. Remember, transform obstacles into opportunities to sell a home.

The Buyer- How To Attract The Ideal South West Florida Home Buyer.

It might be surprising to find out that you, yes you, are a critical part of a successful real estate sale. Your ability to catch a purchaser’s eye through house staging, your appropriate pricing of the property, and your flexibility to allow for frequent showings are essential aspects of a successful sale.

It is your job to tear down the walls of obstacles for home buyers, so that they too can begin to see the opportunities. Avoid being an obstacle yourself while at the same time help others see the potential.

staging a home for sale in sw florida

Home Selling Process

Selling a House In South West Florida: Obstacles or Opportunity?

Keep It Together- Contact Rebecca Silva Realtor

You got this! Yes, selling a home can be challenging, but by transforming obstacles into opportunities, you will present a real estate offer full of opportunities. Remember to ask your realtor for help in this process, and just enjoy the ride. When you think positive you will be off to the races in this competitive world called real estate. Do you need help creating a solid plan for  selling your South West Florida Home? Contact Rebecca Silva using the contatc form below, for a no cost real estate assemnet of your selling and buying needs.

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Keeping Or Selling a Home Due to Divorce In SW Florida

Keeping Or Selling a Home Due to Divorce In SW Florida

Selling a home during a divorce can create a host of emotional and financial stress. Who is going to stay at the house? Who is looking for another place to live? Are both names on mortgage? Is one partner going to buy you out? Can one income pay the mortgage and bills? There are a lot of things to consider. On top of all this, you have to work with the person you are not getting along with.

Financial Stress Due to a Divorce

Buying out your spouse’s share of the home is an option, but you will have to go through the pre-approval mortgage process again. With loss of income of the spouse, it can be a problem getting approved, plus you will have to pay a lump sum to your ex. And let’s be honest – divorce itself isn’t cheap. The average divorce in Florida costs $13,500. Add to that the rent for a place to live once both parties involved are no longer living in the house. Selling the property may be the only option. Both parties can benefit, and profit from the sale of the home can provide a solid start to a new life.

Selling a home in SW florida due to divorce

Things to Consider Before Listing

Everyone needs to be on the same page when it comes to selling the property. Figuring these things out before listing the property will reduce stress of the situation. Sit down and consider:

●     What is the list price of the home going to be?

●     What is the lowest offer both parties are willing to accept.

●     What are the tax benefits to selling before the divorce is final compared to selling it after divorce?

●     If there are any repairs needed on the property who is covering this cost?

●     Touch up projects, fresh paint, deep cleaning, minor repairs hiring it out or doing it yourselves?

●     How much involvement do you want in marketing the house, or showing the house?


Emotional Stress From Divorce

Divorce is listed as the second most stressful event in life. Emotions and tempers are all over the place. Feelings of sorrow, loss, anger, uncertainty, and fear can lead to tension, frustration, and arguments. There can be an emotional attachment to the house as well. Even if the current situation isn’t good, I bet there are fond memories tied up with the house.

If kids are involved, uprooting them from friends and changing school districts is emotionally draining for them. The stress of moving is daunting. And depending on how long you’ve called this place home, you may have accumulated a lot of stuff. All of these factors need to be taken into consideration upon sale of the home.

Emotional Stress From Divorce

Improving the Value of Your Home Post Divorce

Getting the most value from your home after a divorce isn’t difficult. Chances are, you don’t want to do projects together. Hiring out these jobs is probably the best bet. Start outside – that’s what your potential buyer is going to see first. Have a well-kept yard and landscape, power wash the driveway, sidewalks, deck, and siding. Inside the home, get some fresh paint on the walls and have a deep cleaning done. If this house is occupied, clean up clutter and organize closets. A dirty, cluttered house isn’t attractive to a potential buyer. Get all the little projects that have been neglected over the years done. A clean, well-kept house and yard are inviting to clients.

Keep It Together- Contact Rebecca Silva Realtor

 The combination of divorce and selling your home can be overwhelming. To reduce some of the stress of selling your home, find a licensed realtor who can help you get through this tough time. A good realtor is going to have communication with both parties involved. They’ll avoid picking sides in favor of getting you through the process of selling your home. Rebecca Silva can help you close this chapter of your life and get started on the next chapter.  Fill the contact form below to get in touch with Rebecca for a free real estate consultation.

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Buying A Second Home In The Sunshine State? Consider These 5 Spectacular Neighborhoods

Palm trees. Beautiful views. Relaxing spas and enjoyable sports. Gorgeous nature on your doorstep. Enjoy as much or as little to do as you want.  Sound good? Fort Myers, Florida is the place to live. If you’re thinking about buying a second home in Florida, moving to a different area in Florida, or finding a better house in Fort Myers, we’ve got you covered. Buying a home is a new start for you, and the neighborhood it comes with is a critical factor.  

 

We’ve searched and done the hard part for you and found the best of the best neighborhoods in Fort Myers. If you’re looking to buy in Florida, here are five neighborhoods to consider: Paseo Fort Myers, Pelican Preserve, Miromar Reserve, Moody River Estates, and Babcock Ranch. Each of these highly-rated locations will have you wishing you’d never lived anywhere else.

 

What makes these neighborhoods so desirable? Read on to see what features and traits make these five neighborhoods unique, pleasant, and perfect for your next house.

 

Paseo – Fort Myers

Location, location, location. Paseo is not only a beautiful place to live but is located in the convenient Daniels Corridor. Daniels Corridor, which leads from Gateway to the South Florida airport, is growing fast and is chock full of options for shopping and dining, along with the many gated communities such as Paseo.

 

Paseo is also right next door to the Six Mile Cypress Slough Preserve. If you enjoy walking and wildlife, the preserve offers plenty of both. You can go on a guided walk, or explore the boardwalk and Interpretive Center (nature museum) on your own. You may see a vast variety of wildlife, including turtles, otters, plenty of birds, and perhaps an alligator or two. You can find out more about the preserve here at the park’s website.

 

Are you convinced yet? Paseo has many luxurious 2-4 bedroom homes from which to choose.

 

Doesn’t sound like your cup of tea? Not to worry – next up is something equal in quality but very different.

 

Pelican Preserve

 

If you’re 55+, you can’t do better in Florida than to pick a condo or house in Pelican Preserve in Fort Myers. This community will have you living in style with the many resort-like activities and resources available. If the beautiful 27-hole golf course and delightful Golf Clubhouse isn’t enough for you, consider the spa, the fitness center, theater, and pool. The Plaza del Sol Town Center offers classes such as yoga, a studio for all kinds of arts and crafts, and even more fun like wine tastings.

 

For an active adult with a bustling social life, this is the perfect community to explore new hobbies and enjoy old ones. Of course, along with all of that are picture-perfect homes, buying a second house has never been more worth it.

 

Looking for something even more picturesque? How about an enchanting waterfront community?

For an active adult with a bustling social life, this is the perfect community to explore new hobbies and enjoy old ones. Of course, along with all of that are picture-perfect homes, buying a second house has never been more worth it.

 

Miromar Reserve

This award-winning community is not just another resort-style neighborhood. Choose your neighborhood located along Miromar lakes, and find a home perfect for you. Miromar Lakes Beach & Golf Club offers plenty of water sports and activities, including kayaking, water-skiing, swimming, sailing, fishing. On land, you can play golf, tennis, or enjoy the spa.

If you want a busy social life, check out the many planned events and outings, including dances, movie nights, cooking classes, game nights, and so much more for every interest and hobby. If you’d rather relax, don’t worry. The homes are luxurious, spacious, and filled with quality amenities. On top of that, you have a gorgeous waterfront right outside your front door to enjoy.  

 

As fantastic as that sounds, we’ve got more below. If Miromar looks out of your price range, read on for a more affordable but still excellent option.

 

Moody River Estates

Located on a river in North Fort Myers, Moody River Estates is a lovely gated community with spacious houses and gorgeous nature. Nature preserves and walking trails give you plenty to do outside, along with pools to swim in, tennis and basketball courts to play on, and theatres to relax in, not to mention the clubhouse and fitness center. If you have a boat, Moody River Estates offers access to Caloosahatchee River and the Gulf of Mexico for plenty of water-bound adventuring.

 

Besides plenty of space to play, there is also a business center available. All of these amenities combined with fantastic houses and views equals a perfect neighborhood. They offer many different sizes of homes, too. Check them out here.

 

While all four of these options are amazing, we’ve still got one left, and it is perhaps the most unique.

 

Babcock Ranch

 

Babcock Ranch sets itself apart with its commitment to sustainability. Solar energy, well-planned town design, and preservation of local trees and wildlife are just some of the high standards that demonstrate its commitment. The homes are delightfully designed, and like the other places on our list, have many excellent amenities such as a lakehouse, pool, and a fitness and health center.

 

For the outdoorsy types, you can rent kayaks, canoes, or go fishing at Lake Babcock, along with plenty of hiking, walking, and biking options. For those with children, Babcock Ranch has a charter school committed to excellent education. In addition to all of this, Founder’s Square has plenty of dining, live music, and events for both residents and visitors.

 

When buying a second home, it’s important to consider all of your options. We’re confident that these five options are the cream of the crop and the best choice for living your best life in Florida. They combine the best of everything: quality houses, fantastic locations, plenty of amenities, a bustling social calendar, and gorgeous views. They have those things in common, but each one has its unique flavor and perks.

These are all popular, highly-rated neighborhoods, so don’t delay! Check out the houses in each neighborhood: Paseo Fort Myers, Pelican Preserve, Miromar Lakes, Moody River Estates, and Babcock Ranch. Our team at Rebecca’s Realtor will help you find your perfect home today!

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Are You Selling and Want to Increase the Value of Your Home? Try These 10 Tips

You’ve probably heard it a thousand times. “Now’s the time to sell,” or “it’s a seller’s market.” Maybe you’re just ready to make the most of your investment while the market is hot.  Whatever the reason, you probably have a list of home improvements you need to complete before listing your home. But how do you know what is a good investment for the value of your home, and what will be a waste of time and money?

 

The question is the same for many. What investments should you make to increase the value of your home? Well, grab a cup and coffee and take note of these ten easy tips.

 

1. Curb Appeal

 

First impressions are important. The last thing you want your house to be known for is the out of control bushes and patchy grass out front. Your front yard needs to be inviting and controlled.  Lucky for you, this is a cheap and easy fix. For the easier-to-tackle jobs, you might need to invest a weekend with some sweat and muscle, cleaning up your already landscaped yard. For those of you who have a yard that requires a bit more attention, hiring professionals to do the work may be the best way to go. Either way, a little attention will go a long way.

2. Paint

 

The color and quality of your exterior paint is huge. If you haven’t painted your home in the last 3-7 years, it’s probably a good time for a new coat. Not only will new paint give your home a brand new look, but it will also be one extra thing your future buyers can check off their list. Picking a color scheme can be challenging. Try looking up comparable homes that recently sold, to get some ideas of current trends and styles of houses.

2. Light and Bright Interior

Just like the exterior, the paint inside your home can make or break a sale. For some reason, paint is one of the biggest complaints buyers have. Not to mention, depending on the paint color, it might make your home appear smaller than it is. It’s smart to pick bright and neutral colors, which will not only help make each room look larger, but it will be easier for your buyers to picture your house as their future home.

4. Kitchen

People say that a kitchen is the heart of the home. No matter what the style of house, the kitchen needs to be a showstopper. Of course, if you have the means to do so, a full kitchen remodel would be nice, but it’s not required. You can still do some very inexpensive upgrades that will help bring up the value of your home. For starters, painting kitchen cabinets and adding new drawer pulls and knobs might be all that it needs to make your kitchen look new again. Just like your interior paint, try to choose a color that is both neutral and bright. Consider either a classic white or gray color.

5. Bathroom

Just like your kitchen, buyers want to see an upgraded bathroom. Buyers want a place where they can relax at the end of the day. If your budget allows you to do so, replacing toilets, vanities, and even old bathtubs can add value to your home. Updated flooring is important as well. Improve your larger bathroom by adding heated floor tiles for a more spa-like feel. If you already have a nice upgraded bathroom, sometimes just adding a fresh coat of paint, and changing out your dark colored towels for some nice white ones can do the trick. Also, try staging your bathroom with a cute basket filled with bath bombs, lotions, and candles.

6. Flooring

Although flooring can get costly, it may make or break your home sale. If you have out of date, stained carpet, you better believe buyers will keep walking.  Because the housing market is so competitive, it’s vital to take the time to update certain aspects of your home. If you have carpet that is in excellent condition, invest in a professional carpet cleaning service before you list your home.  If your budget allows, you might look into replacing your flooring altogether.

7. Cleaning and decluttering

Just like curb appeal, the cleanliness and organization of your home at showings is crucial. Take the time to go through your closets, dressers, and storage rooms and get rid of items you no longer need. Just because it’s in a drawer or hidden behind a door doesn’t mean people won’t look. You want your home to look cozy and lived in, but you still want it to be clean and inviting.

8. Staging

Staging goes hand in hand with cleaning and decluttering. Staging is key for a quick sale. Buyers want to see the potential of the home, which may be hard to visualize when the house is cluttered with over-sized furniture and tons of family photos on the wall. By removing unused furniture pieces and pictures from the walls, suddenly your home becomes more relatable for many different types of buyers. Head over here for more staging tips.

9. Let there be light

Changing out old lights and fixtures can also be a quick and easy upgrade. Take the time to inspect all lighting fixtures and make sure all your windows open and are clean. Another tip to remember is that high wattage bulbs will make small spaces feel larger while soft lighting brings warmth to any empty spaces.

10. Trust an expert

Sometimes it’s hard to make changes to something you love. This is your home after all. An outside perspective can help you get the most bang for your buck. A Realtor can help you with the decisions that matter.

 

We will walk you through this exciting process one step at a time. Head over to our blog to get other great ideas on selling your home, or contact our exceptional staff at Rebecca’s Realtor to set up a meeting.

 

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Want To Earn Income Investing In Real Estate? 5 Things You Need To Know

Real estate income investing has been around for ages. Why? Because having a piece of land has been one of the most steadfast ways to increase your cash flow.  From ancient history (when it was profitable to have a place to grow crops and raise livestock for income) to present day rentals, leases, and even modern farming, real estate has remained constant for income investing.

 

Are your wheels turning yet? Good. You should work smarter, not harder. Let’s continue with a quick guide to how to start investing.

1. What Is Real Estate Income Investing?

There are numerous ways to increase your cash flow when delving into income investing.  Knowing what options are available to you as well as having a good working definition of how to start investing will be your first key to success. Consider the three main ways to make money in real estate:

 

  1. Real Estate Appreciation:  This means that the property you purchase increases in value. It can be a bit tricky, though, and you will have to do your research. Is there a high demand for property in the chosen area? Will the property be attractive to potential buyers or renters? How much will it cost you to upgrade the property, if needed?
  2. Real Estate Related Income:  This is a method of investing by making commissions from buying, selling, or managing properties. Brokers, agents, and rental management companies utilize this form of income investing.
  3. Rental Properties:  Rental properties will generate a monthly income for you. Whether houses, apartments, condominiums, office buildings or retail properties, if you can keep them occupied, you can collect monthly income. Rental properties are the easiest way to get steady cash flow.

2. Investing In Rental Property

When it comes to owning passive income property, there are a few different options to choose from:

  • Residential:  People need homes.If you’re considering investing, this is a good place to start. First, buy a property in a desirable location, then rent the house at a rate which will bring in more than your monthly payment for the property. As long as you have tenants, you have a monthly passive income flow. Houses, apartments, and condominiums are great properties to start with when considering income investing.  
  • Commercial Real Estate:  This method relates mostly to office buildings.  You should consider the pros and cons. The good: You get long-term renters and steady cash flow, especially if you are collecting rents that are greater than the market value of the property.  The bad: You are locked into the lease as well, and may miss the return that would come if the market value of your property went up.
  • Retail Real Estate:  These are your standard shopping areas, strip malls, shopping centers, and malls. With this type of income investing, you can charge not only monthly rent, but a percentage of the store sales, which would be a great incentive for the lessor to make the property attractive to buyers.
  • Multi-use Real Estate:  This is for the income investor who wants to do it all with one property.  A multi-use property could have retail spaces, office space, and residential spaces. The beauty of such a location is that you have the potential for built-in customers on all levels.  

 

You may not be interested in just straight passive income. You may think of income investing as investing and buying trusts in properties. Well, guess what? There is something for you too.

 

3. Real Estate Investment Trusts (aka REIT’s)

For the business and tax structure minded investor, REIT’s are a good option. You can buy these trusts through custody accounts, brokerage accounts, and Roth IRAsMany people choose this manner of investing because of the potential tax incentives and the ability to invest in larger projects. REIT’s also help corporations get the funding needed, via investors, to afford sizeable real estate projects, such as luxury hotels and shopping centers.

 

For more information about REIT’s, visit Investopedia.  

4. Investing Through Home Ownership

Homeownership is the first way that most people start their income investing journey. It’s one property, easy to manage, provides a home for your family, and has good income earning potential. A home is not the same kind of real estate investment as a commercial property or apartment building.  You live in it, enjoy it, and use it for your personal life. You put money into it and at its best, it increases in equity.

 

There are many practical and money-saving reasons for owning a home. When you own your own home, you are not putting rent in someone else’s pocket. A home mortgage is often lower than rent because the owner will price the rental to make a profit. If you have a mortgage, you are saving the extra income that you would have been paying in rent.

 

Pay off your home before retirement, and you have options to get equity loans against your home for other things you want to do. Home ownership is a viable income investing opportunity, as it is a gift that keeps on giving.

 

I’m sure you are just about ready to make the call. Let’s look at one more very popular way to get into income investing.

 

5. Investing In Real Estate By “Flipping”

 

Flipping properties (or real estate trading) seems to be the rage right now. The property trader does the exact opposite of buy-and-hold investors. They look for undervalued properties that can be fixed up and sold in a few months for a profit.

 

The problem with using real estate trading as an income investment option comes when the property doesn’t sell quickly, and the investor doesn’t have the money set aside to continue to pay the mortgage on the property. So be smart if you choose to invest by flipping.

 

The information above is just a small bit of what the starting income investor needs to now to be successful. It’s easy to get started. If you would like more information on how to start investing, contact us.

 

 

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Buyer’s vs Seller’s Market: 5 Reasons Why Now Is The Time To Sell

Are you contemplating selling your home in 2018?  If so, you’re probably going through a laundry list of things to do: should you paint the entire house or just the front door? Should you landscape the yard or let the buyer make it their own when they move into the house?

A Realtor can help you decide which of these things matter most. But first, one of the most important factors to consider when selling a home is what kind of housing market you are experiencing. What exactly does it mean to be in a buyer’s or a seller’s market, and more importantly, which are we in right now? Never fear; we’ve got you covered.

A buyer’s market is aptly named, as it’s the deal time to buy a home. Typically, there is an excess of homes on the market and not enough buyers to go around. This trend tips the negotiation factor scale to the one in the market to purchase–the buyer holds all the leverage because they have plenty of other options.

On the flip side, a seller’s market is one where the seller holds the cards. Favorable conditions for a market in the seller’s corner include low-interest rates, a strong economy or at least one on the upswing, and a shortage of homes for sale. At this point in 2018, we can put a checkmark next to each of these three factors. Add a couple more current trends to our list, and now is an excellent time to sell.

1. Interest Rates Have Dipped–For the Moment

Home sellers across the U.S. have enjoyed historically low-interest rates since 2011, but this won’t last forever. While rates are straddling the low to mid 4% range, for the time being, big name housing authorities such as Freddie Mac, National Association of Realtors, National Association for Homebuyers, and Mortgage Bank Association are predicting across the board that our luck may be running out. Rates are predicted to rise next year from a half to a whole percent. In fact, some of the least optimistic forecasts say rates will increase by the end of 2018.

Sellers and buyers are at an equal disadvantage when interest rates go up: buyers will back off at the higher interest rates, dropping sellers’ prospects of making a deal at the price they want to list. Savvy buyers will be looking to snap up their piece of the American Dream before the interest rate increases, so it is wise to act fast and get your home on the market now, preferably well before the end of the year.

2. The Economy Is Growing

Across the nation, we have rising wages, stock market jumps, and lower unemployment rates. 2018 is gearing up to be a healthy year for our American economy. Consumers, by and large, understand that economic health leads to more positive feelings, which leads to more spending, which leads to more Americans pouring back into our economy and housing market. With recent tax cuts leading to even more money in the pockets of American home buyers, this is the time to sell.

3. And So Is the Homeownership Rate

The homeownership rate saw a steady decrease across 2005 to late 2017, but by late 2017 it had finally begun to creep back up for the first time in over ten years. At this time in 2018, it’s still climbing. While we’re not at the rate we were over a decade ago, any amount of growth is good news.

And there’s even more good news: experts at Realtor.com predict that an influx of millennial first-time homebuyers will be ready to get in the game in 2018, potentially making up almost 50% of the home-buyers market. With optimistic home buyers flooding the markets, now is a great time to sell.

4. Inventory Is Low

The number of houses on the market is low, sending buyers scrambling to sign papers and accept terms on their dream home. While about 1 out of 3 optimistic Americans believe that the housing market 2018 will be better than it was 2017, the experts unfortunately disagree. Forbes predicts this low housing inventory crisis might actually get worse before it gets better.

A low inventory market drives house prices up and can make it a challenge for buyers to wheel and deal. Instead, buyers understand that agreeing to the listing price or even going higher, might be the only way to secure the deal on grabbing that dream home off the market. Sellers clearly have the advantage in this scenario.

5. The Timing Is Right

2018 is just starting to stretch its arms and get its kinks out, making this the prime time to sell, and real estate trends dictate that spring is considered the ultimate time of year to list your home. And it makes sense–we’re just past tax season, and people are still in the throes of New Year’s optimism with some extra cash to boot. Allergy season has its advantages: your blooming grass, trees, and flowers work to enhance your home’s curb appeal, making your house more likely to attract potential buyers. The housing market is partially driven by weather, after all, and it’s looking like sunny skies across the U.S. for the next few months. Seller, take heed.

Can’t sell in April or May? Don’t give up hope if you can’t get that “For Sale” sign out front just yet. The upswing for home buying generally stays strong through early to mid-summer, and in sunny climates like Florida’s, home buyers often keep on the lookout for a new home through fall.

Are you looking to sell in the Fort Myers or Cape Coral, FL area? You are doing so at the perfect time, with growth on the rise and our seller’s market in full swing. The hardworking team at Rebecca’s Realtor will expertly guide you every step of the way, ensuring your home selling experience is a breeze.

Call today to get in touch with Rebecca!

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6 Yard Additions To Increase Your Home’s Value

 

One of the most important roles homeowners have is keeping their house and property in tip-top condition by making improvements wherever possible. There are a lot of inexpensive things you can add to your home to enhance its value and make it more attractive to prospective buyers if you ever have to put your property up for sale.

The yard is one of the most unused spaces when most people own a home. Instead of leaving it with just a bare lawn, you should consider adding any of the following to your front or backyard, not only for your own amusement but to improve your home’s value. Remember: if you need a legitimate Cape Coral real estate agent, contact Rebecca today, as she knows the area extremely well, having served hundreds of home buyers.

 

 

1. Pool

If you ask people what features would make up the look of their dream house, most of them would have a pool as one of their top 5. If you have enough space, adding a pool to your yard will make it much more valuable and more competitive on the market, even against brand new properties in your neighborhood that have no pool.

The best thing about it is that you don’t have to have a big, expensive pool for it to be effective. When deciding between a house with a pool and one without, most buyers will go for the one that already has one installed.

2. Gazebo

A gazebo provides some nice shade in your backyard and adds a dash of elegance, especially if you hire a good craftsman to construct it. It provides a peaceful, ambient environment to relax and drink coffee, or have a few laughs on a sunny afternoon with family.

3. Grilling Area

The American way of entertaining guests and family in your home is to have a barbecue. The tradition has been passed on for centuries. A barbecue is a dream come true for most, as it gives them a nice outdoor space to hold even the largest parties. Adding an outdoor grill to your home is a proven tactic for attracting buyers, especially families. If you can afford it, you can make it a full outdoor kitchen with a sink and a mini-fridge.

 

4. Flowers And Trees

Planting flowers and trees is one of the cheapest yard improvement tactics you can use. You only have to buy, or even pluck some seedlings for free from nature, and plant them in your yard to wait for them to bloom. You can do research on what types of flowers and trees do well in your area before you plant them. A few good trees that provide shade include the red maple, oak tree, and others. You can hire a professional gardener to do the work for faster results.

5. LED Yard Lights

People love a backyard where you can also hang out at night. For the yard to be habitable at that time, there has to be enough lighting. LED yard lights are inexpensive to install and come in a variety of interesting designs and patterns. The lights also act as a security feature that can scare away intruders, as well as providing more safety for guests as they walk around.

6. Sprinklers

A healthy lawn can be a great attraction for buyers, particularly if they have kids or pets that need a safe space to play. Sprinklers will keep your lawn green and healthy. Potential buyers will also love the fact that they won’t be forced to water the lawn themselves. Consider adding modern, automatic sprinklers which allow you to set the time at which you want them to start, as well as how long to stay on.

Conclusion

You don’t need a lot of money to add most of these features to your property. For some of them, you don’t even need a professional to install them. However, they can have a huge impact on buyers who are trying to decide between a number of potential homes. One of these features could be the thing that tips the odds in your favor to land you a buyer.

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10 Things to Know When Buying New Construction in Fort Myers, Florida

Buying a new home in SW Florida can be daunting. Building a new home can be even more so. Here are ten tips that can help you navigate the waters of new construction buying.

1. Not All Agents Know The New Construction Business

Real estate agents tend to develop their skills in particular niches. Some agents familiarize themselves with the new construction business. Many construction companies have affiliated agents, and while they are amazing, their job is to sell the builder. The independent agent’s job is to sell you your dream home. There are agents that are available in the construction business and can walk you through the process of deciding what you want and don’t want. If you are going to build new construction, build something to love.

2. Savings Programs Can Help

Numerous reasons exist to buy a new home, and one is the savings that are available from various lenders. Between federal, state, and local lenders, there are a variety of programs out there to make homeownership accessible and budget friendly. The best part is that your agent has connections to lenders you can contact, and know which lenders have the know-how to help!

 

3. Negotiations are Important

Unlike previously built homes, you typically can’t negotiate to lower the price – builders aren’t this flexible. However, many hard-working builders are willing to negotiate with you about other options (also known as “back-end options”). Your real estate agent can negotiate with your chosen builders for upgrades, such as a granite countertop dual sink in the master bathroom, or even help you with available negotiating tools you can use to get the upgrades you desire. Sometimes you can talk the builders into paying closing costs. You benefit in the long run from negotiating with your builders.

4. What Is Included With Your New Construction Home?

What most people don’t know is that the model home you look at isn’t always the base model. Many times, you can see upgrades intertwined in the model home, which can mislead you. Your agent’s job is to help you understand exactly what you will be getting if you purchase the home. He or she needs to either accompany you to the viewing or help you with a list of questions to ask to make sure you are clear on what you would be purchasing or where there may be potential for a price increase.

5. Who Is Building Your Home?

Ask questions and determine who will be building your home. “Buyer beware” is always a good standard to have. Many online forums exist to research your builder. Review what previous clients have experienced and if there have been any issues with the builder recently. From the BBB to Yelp, or even asking friends and relatives, you should be able to get a pretty good idea of who is building and if the work is exceptional or not.

6. Warranty Peace of Mind

There are some major benefits to Buying New Construction, including knowing that everything will be up to code. Many builders will have a warranty that you can purchase,  or that builders will include in your new home. Enjoy peace of mind while you begin to build your new life in your new home, knowing that if an issue arises or an appliance doesn’t work right within the warranty time frame, the warranty covers it. Not all warranties are created equal, so let your agent help you decipher what warranty benefits the builder includes.

7. No More Repairs

It is common for buyers of pre-existing homes to discover issues in their new home that need repair. Many homes in the pre-existing market will require more than one type of repair. Many repairs can be expensive, such as a new roof, a complete overhaul of electrical wiring, or possible hidden rotten wood. By building a new home, you can relax with peace of mind, knowing that there won’t be immediate repairs before or after purchase. Commonly needed repairs in pre-existing homes arise due to the water heater, garage door, or other items that are as new as ten years old. By building a new home, you can avoid these costly repairs.

8. Your Preferences Are the Priority

One of the best benefits of a new construction home is the fact you get to choose your colors and patterns. Many times, people have been looking to buy a home and immediately find five things they do not like about the carpet or counters. Buyers tend to enjoy spending more time picking out what they like rather than wondering if they will have buyer’s remorse later. Newly built homes tend to have more open floors plans than older homes of different eras. Open floor plans are a draw for many buyers who are contemplating building instead of buying pre-existing homes.

9. Choose Which Building Route You Want To Take

The agent’s job is to help you decide between an architect, hire a contractor and build a custom built home, or go with the semi-custom home builders. Semi-custom homes are those that are offered as models, that you can customize while keeping the basic floor plan the same. If these aren’t your cup of tea, we can help with pre-built type homes and help to find financing to go along with them.

 

10. Build a New Home and Leave Yourself Financially Better Off

The final benefit to consider about building a new construction home is the fact that buying a home will leave you better off financially. Newly constructed homes, like others, will grow in appreciation and allow for you to have money in retirement or to borrow against if need be. You can also expect to have green appliances – no not the color green, but energy-saving appliances that will help year after year to keep your wallet bigger and your bills smaller. There are also tax savings on the mortgage interest to claim each year.

 

Your real estate agent can help you discover all of the advantages of building a new construction home for you and your financial portfolio. Please contact us today to discuss the benefits that can help you better your future in your new home.